Vinh Tan power station

The Vinh Tan power station complex is proposed to eventually comprise 4,000 megawatt (MW) of coal-fired power generation units. Electricity of Vietnam (EVN), the local state-owned power utility, spent US $1.1 billion on the first 1200MW phase of the project. The first phase was developed through an independent power producer joint venture agreement between the China Southern Grid Corporation and (EVN).

In late 2010 Electricity of Vietnam announced that it had signed an agreement with the Export-Import Bank of China for US$300 million in financing for the Vinh Tan Power Plant No 2, which it began construction of in August 2010. A Vietnamese media report stated that "the first of the plant's two turbines is expected to be operational in December 2013 with the second to follow in June 2014." It was reported that at the groundbreaking ceremony the Deputy Prime Minister Hoang Trung Hai stated that the construction of coal-fired plants would reduce the national electricity grid's dependence on hydroelectric power plants.

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